US30 Price Prediction Today, December 13, 2022: US30  Looks Ready to Record More Profits

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After US30 price broke the resistance of $32,954, price action advanced toward the $34,572 price level. Subsequently, the $34,572 price level was tested but wasn’t broken. Nevertheless, at this point, it appears as if another attempt has been launched.

Important price Levels:
Top Levels: $33,971, $34,150, $34,350
Bottom Levels: $33,900, $33,800, $33,660

US30 Price Prediction Today, December 13, 2022: US30  Looks Ready to Record More Profits

US30 Recouping Towards $34,552

Price action in the US30 market appears to be gaining momentum to move toward the resistance of $34,552. The last price candlestick on this chart has formed above the middle limit of the used Bollinger indicator. Also, the Moving Average Convergence Divergence indicator lines now appear to be gradually changing direction. One can see the lines of the MACD as it now appears to be moving sideways for now. As a result, this is happening following the significant gains that were recorded in the last trading period. Furthermore, the current session has started on a good note, with the price candle now sitting above the MA line. Therefore traders can gain more buying confidence, as Price activities seem ready to advance upwards.

US30 Price Prediction Today, December 13, 2022: US30  Looks Ready to Record More Profits

US30 Price Is Going Up!

The US30 4-hour market can be seen to have risen undisturbed till it reached the Upper Limit of the Bollinger band. However, after the price has hit the upper limit, a bearish and almost dashed-shaped price candle showed up. The appearance of this last price candle can be viewed as just a minor correction. Additionally, the MACD indicator lines are still journeying toward the upside. Consequently, this activity shows that the uptrend is gaining strength and that selling pressure is inconsequential. Even the histogram on the MACD indicator looks filled – which shows the strength of the current price move. So, traders can anticipate price action to move towards the $34,552 price level.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.